XinJiang Ba Yi Iron & Steel Co.,Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 22,155.59 million compared to CNY 29,220.39 million a year ago. Revenue was CNY 23,044.32 million compared to CNY 30,879.27 million a year ago.

Net loss was CNY 1,367.06 million compared to net income of CNY 1,181.2 million a year ago. Basic loss per share from continuing operations was CNY 0.885 compared to basic earnings per share from continuing operations of CNY 0.771 a year ago. Diluted loss per share from continuing operations was CNY 0.885 compared to diluted earnings per share from continuing operations of CNY 0.771 a year ago.